Posted 3 years ago on Nov. 25, 2013, 11:05 p.m. EST by sharmag
(-115)
from New York, NY
This content is user submitted and not an official statement

Capitalism is good. Greed is good. You all are greedy, it's not just something found on the great Street. The stock market is not evil, nor is business, and nor is finance. The 1% deserves their position, as do corporations. Most of you do not understand the basics of economics, finance, or business and yet you continue to put out this garbage. This post was meant to foster discussion, so please comment below and I will reply with a counter argument point-by-point.

36 Comments

I can't believe you just wrote what you wrote. I'll give it to you that greed is a permanent feature of the human condition. But to acquiesce to one group's greed, is to be a slave to that group's desires.

For the last four decades the working class has kept quiet and adapted to the loss of purchasing power of our wages. Even if capitalism is the best system humanity could ever hope for, that does not mean those who are not the masters should role over and quietly take what is offered.

I believe the economy is suffering right now because, for too long, those without political power have not stood up and demanded fair wages. If money runs through the economy like blood through a body, our economy is about to have an aneurysm.

You know that balance is off kilter when Grover Norquist and Ralph Nader both agree that the minimum wage is inadequate. The link I provided down below is a well sourced policy brief. Sources range from government agencies to left wing think tanks and even features right wing rags. I believe the minimum wage should, at a bare minimal, be indexed to inflation. It is not efficient to sit idle while quantitative easing subsidizes the stock market and deflates the purchasing power of a great swath of the American people.

Raising the minimum wage should be more of a right wing proposition than a left wing wish. I don't know how many times I here Conservatives harp about welfare being a vote buying mechanism. What better way to end voter subservience than to ensure wage earners are self sufficient.

1 and 3. No I most certainly am not. Debate is one thing, but conspiracy theory and personal allegations are another. I am just someone voicing their opinion, which is actually backed by knowledge and experience.

watch this film then please tell me if you still agree with your own comment (can get on Netflix if you have it)

many like you do not understand that corporations are gearing our government for their own greedy purposes. As a construct, democracy was not designed to favor the one percent, or greed, nor a stock market. It was designed to pool funds earned by the people to the benefit of all of society. The myth that corporations are people is being debunked day by day. When 99 percent of the citizenry is working within a system of they did not create that benefits only one percent of society to afford products owned mostly by only one percent of society and sold in monopolistic stores then that one percent takes that wealth from and pays off the government of the people that work for them to disenfranchise them and take their collective funds for corrupt use and to make it harder for them to become entrepreneurs or compete against them- I think they call that Communism. They have a similar system over in North Korea or China my friend if you enjoy the greater good of working your ass off to pay for the over-inflated commodities of the one percent while running on a treadmill the rest of your days unable to gain any ground always chasing your tail. Don't worry if you don't like it they have a place for you in those countries called work camps - you'll find similar people in there. Coming soon to America! Forced labor camps and organ donation - hey why not after all corporate America is already their "business" partner and modeling "democracy" after them.

Please do not insult my name or make personal comments. I don't get why you occupiers are so personal and vindictive. That does explain why many of you (with the exception of some cool-headed people like JesseHeffran) are quite unintelligent and don't possess much knowledge or experience. It's also a possible reason why you are here, because your lack of logic and ability to argue and have business relationships keep you in the dark on issues. Also, I'm not a shill and you have no evidence that I am one.

This is further proof of my statement. We in the business world and Wall Street are bad? You are the one making insulting and immature comments on a legitimate discussion. Please make some valid points.

Humankind has not woven the web of life. We are but one thread within it. Whatever we do to the web, we do to ourselves. All things are bound together. All things connect.
Chief Seattle, Duwamish (1780-1866)

And if you aren't a program created by them ...please watch Death by China

Corporate America is shooting itself in the foot and this ship is going to falter you're money won't save you only your souls will have to answer for the mess you've created.

Greed and ego aren't the same. Furthermore, what makes you think I am self-centered, or at least more so than you? You are greedy. Greed defines your nature and actions. That is true of everyone, from the top 1% to homeless people. We are all equally greedy.

You don't need a degree to see the effects, but you need some knowledge to understand the causes. I share some views with Occupy too, like the fact that the government is not doing what it should. I disagree over the role of the private system.

"You don't need a degree to see the effects, but you need some knowledge to understand the causes."... to the crisis that THEY were most responsible for causing?

From your above reply to Ms Friday, "1. Please elaborate."

Can I deduce from that statement that you believe that we should go back to people like Dimon, Greenspan, Blankfein, Summers, Rubin and their minions to seek a thorough understanding of "the causes," AND hence the solutions to the crisis that THEY perpetrated on the people of the World? Give me a minute...ok?...lololol

Can I also deduce from your statement that the many brilliant minds that support Occupy & who have World-class educations are incapable of understanding "the causes" or more succinctly the fraud that was perpetrated on the people throughout the World??... OR is it 'cause... since they weren't part of the fraud in most cases, their voices have no validity?!

"I share some of the views with Occupy too, like the fact that government is not doing what it should."

Again, "1. Please elaborate."

So like most people that I know in Occupy, can I assume that, you believe that the big banks "should" be broken up, right?

And do you believe then, like most of Occupy does "that the government"... "should" have started criminal proceedings for fraud against the banksters a long time ago?

And you must agree (?) that these criminal bankers who have caused so much human misery throughout the World should replace the young people in our real prisons who were put there for minor drug offenses, especially since the big banks have profited illiclitly (and still do) and so heavily from private prisons & the PIC on the whole?!

This would seem very apropos, kinda like like real justice to me, but then again..I have no degree, just a strong sense of right and wrong.

And finally you must agree like all the Occupiers that I know that the banksters' ill-gotten gains & then some.. should be forfeited back to the oodles* of people that they screwed...right?!

Thanks for giving me the opprtunity to ask these questions. It was fun. I look forward to hearing what will have to be your convoluted answers to these rather simple questions.

I think criminal proceedings are appropriate for some, but not for the majority of the financial industry. For example, I fully support the criminal trial of Bernie Madoff and think he deserves to rot in prison.

No, they shouldn't replace real criminals. Most of them didn't break the law.

We are both pretty much privy to the same facts, but yet we have obviously come to almost totally different conclusions on the sad state of our country..

I cannot see how you are serious in your observations, and I don't know if that is because you are one of the few beneficiaries of the corrupt status quo or not. Either way.. whether we ever have your support or not, it doesn't matter much for us as we have the support of many good people and that number will be growing, not shrinking. That i can assure you.

Edit; It's time to ask yourself as some former Wall Streeters who are now Occupiers must have done; Do I want to be on the wrong side of history? The choice is yours.

If our goal is to provide healthcare, a home, food, vacation time and retirement to all of our population then the only economic system that works is socialism. Mathematically, we can't tax the 1% enough to pay for these expenditures so we need a system where the government takes all income and redistributes it back out.